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Judge Tosses $105M Patent Verdict Against Fairchild

A California federal judge Tuesday tossed a jury's $105 million verdict against Fairchild Semiconductor International Inc. and ordered a new trial on damages for Power Integrations Inc.'s claims that Fairchild infringed two power-supply patents, saying jurors didn't decide the award based solely on the patented features.

  • Supreme Court To Hear Challenge To EPA Mercury Rule

    The U.S. Supreme Court on Tuesday agreed to review the U.S. Environmental Protection Agency's rule limiting mercury and other toxic emissions from power plants, granting requests from 23 states and industry groups that have argued the rule would drive up electricity prices and harm the coal industry.

  • FDA Releases Long-Awaited Menu Labeling Rules

    The U.S. Food and Drug Administration issued final rules Tuesday that require chain restaurants, grocery stores and other food establishments to list caloric information on menus, long-awaited regulations intended to provide consumers with easily understood health information about their dietary choices.

  • BofA Escapes $56M Mortgage Bond Suit In 2nd Circ.

    The Second Circuit on Tuesday refused to revive a German bank's suit alleging Bank of America Corp. duped it into investing $56 million in shoddy mortgage bonds before the 2008 financial crisis.

  • Honda Failed To Report 1,729 Deaths And Injuries Since 2003

    Since 2003, Honda Motor Co. has failed to report 1,729 deaths and injuries to the U.S. National Highway Traffic Safety Administration, the company announced on Monday after it sent the results of a third-party audit to the agency.

  • Ex-Longtop Exec Faces $5M Penalty After Trial Loss, Atty Says

    A former Longtop Financial Technologies Ltd. executive could pay around $5 million in damages after a New York federal jury found him liable in a rare securities class action trial over the Chinese software company's accounting shenanigans, a plaintiffs' attorney said Monday.